Future value (FV) refers to the estimated worth of an investment at a future date, based on a certain growth rate. You use it to determine how much the present value (PV) of your investment will be worth at a specific time in the future.
This is an open-access Excel template in XLSX format that will be useful for anyone who wants to work as a Banker, Investment Professional, or Corporate Finance Practitioner.
You can now download the Excel template for free.
Future value is among the topics included in the Quantitative Methods module of the CFA Level 1 Curriculum.